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Search Results 0 to 49 of about 520 (some duplicates have been removed)
employees at the pentagon will go on furlough starting one week from today. that and a whole lot more to get into this morning on the "full-court press," which we will do. take your calls at 866-55-press. first, we get the latest today's current news update from lisa ferguson joining us from los angeles. hi, lisa. good morning. >> hey, bill. good morning, everyone. president obama inand vice president biden are attending the democratic governor's association this morning andbam obama willing talking about a variety of national issues about economic and trade issues between the two countries. later, vice president biden will join the two for lunch. biden is also continuing his big push for gun legislation. yesterday from connecticut, he told the nation things have change the 234d gun violence debate. it used to be politicians would not want to vote for it. now, they won't want to vote against them. >> that's a big change from the norm. al large group of democrats are getting ready to make gun legislation a big part of their 2014 platform. steve israel s
for the defense department may be cursing the news out of the pentagon. they will be forced to take one day off each week of massing spending cuts take place on march 1. >> i will pay the mortgage and utilities, and then you live on what is left. >> the furloughs would begin in mid-april and last more than five months. the pentagon would need to find billions more in savings if no deal is reached. >> this is felt in big and small towns alike, and it won't be just limited to communities with active duty basis. >> it is not just those working for the military who would be affected. unemployed would seek 10% of unemployment benefits evaporate. president obama talked about the sequester's impact in an interview with our sister station. >> we do not need these automatic,-spending cuts that could hurt our economy and military readiness. >> house speaker john boehner asked of the president, what is he doing to stop the sequester that would hollow out our armed forces? as politicians squabble over who should give what in negotiations, defense secretary leon panetta is overseas talking with nato about h
across the board, 8% to the pentagon, you have been looking at the kind of impact this will have. what you expect? how much damage you think it would do four different operations? >> needless to say, being an appropriate, but think it is an idiotic way to do business. these are indiscriminate cuts. they are not thought through. they're just automatic across- the-board, without any consideration of good, bad or evil or whatever. so i think the cuts are devastating. i am sad to see take place. but i don't see any effort being made realistically to stop it. >> do you think that, once the sequestered takes effect, that people will see the wide ranging implications and that there will actually start working together to figure out how to replace it or a verdict? >> that is my hope. number one, most of in the week to avoid it. i think it will have a shocking effect on so many agencies of the government that, hopefully -- >> what do you think it will take for people to say, finally, let's get together and figure out a way to not let this happen. >> because to the military are the most severe.
for one day a week.or according to the pentagon'srd chief budget officer robert hale, that would save between $4en billion and $5 billion, but itll would all come out of people's paychecks. any >> if we feel we don't have any choice but to impose furloughs even though we would much prefer not to do it. of frankly, this is within of the least-- or the most distasteful tasks i have faced in my four years in this job. >> reporter: department of defense civilians run training ranges where navy pilots practice strafing runs. they manage the flow of supplies to troops in afghanistan o overhaul army tanks and providen, medical care for everybody fromre for e wounded warriors to retirees. to laying them off for one day a laying week would not cripple national defense, but it would, said jessica wright, the pentagon'st head of personnel, be an economic catastrophe for their families. >> if furloughs are enacted, civilians will experience a 20% decrease in their pay between late april and september. >> reporter: even then, the pentagon would still have to t find another $41 billion in savings d
bent on jamming him on all fronts and off to a quick start. stalling the president's pentagon choice. who's got it about america, him or them? back on march. market on a tear, way up at 14,000. but that schedule add cross-the-board spending cut that seems unthinkable is now assumed. seriously, are we looking at first of march calamity? finally, guns and race. half of white men in america own guns. do you believe it? barack obama lost two-thirds of white men who didn't go to college, first wipeout since walter mondale lost 49 states to 1. can the president ever crack through that? hi, i'm chris matthews. welcome to the show. with us today presidential historian michael beschloss. cook political report amy walter. "the washington post's" henderson and "the new york times"'s david henderhard. have the republicans turn turned up the heat on barack obama now even before he won re-election? we saw in there temporary the defeat of chuck hagel's nomination, leaving the president without a pentagon secretary and there seems to be more where that came from. we decide to look at how this past t
the pentagon. what is at stake if congress does not avoid billion dollar budget cuts. >> we are seeing lake effect snow showers downwind of the great lakes. cold weather and an active weather is here to stay. live look outdoors with clouds in place. >> grim warnings from the pentagon this afternoon. massive furloughs are pending for civilian employees if lawmakers don't avoid the sequester. with just nine days left, the president is continuing his own plea for negotiations. >> the fight over $1.20 trillion over across the board spending cuts is raging on even with lawmakers out of town. today it is the pentagon's turn to warn congress did more than 700,000 civilian employees would take one day off a week without pay. yesterday president obama blamed republicans for holding up a deal. he was surrounded at the white house by emergency responders that the president said could lose their jobs. >> these cuts are not smart, not fair, they will hurt our economy. >> the president wants to replace the cuts with revenue. house speaker john boehner say the revenue debate is closed. >> republicans are
let the sequester happen. to slice the pentagon's budget. dean telling the huffington post i'm in favor of the sequester. it's tough on things i care about a lot but the fact of the matter is you are not going to get another chance to cut the defense budget in the way it needs to be cut. white house officials disagree. as an outgoing defense secretary leon panetta who warned such deep cuts could leave america with a second rate military. you will remember republicans were furious before the election that the white house did not follow the warren act that requires employers to warn employees about the potential lay-offs. since furlough notices are only going out now, defense officials say they work at the pentagon until late april. even if the sequest starts on march 1. at the white house, ed henry. fox news. >> bret: the pentagon's budget chief says the effects of the cuts will be felt nationwide. he says the biggest potential losses will be in california, texas, georgia and virginia. national security correspondent jennifer griffin on what it could mean for one virginia comm
was meandering toward ending the war in afghanistan and allowing the pentagon and you have to remember when you're looking at the pentagon, you're looking at an institution that has the fine motor skills of a dinosaur. it takes the pentagon a long time to put something together, such as a timetable for withdrawal. all obama has to do, and i know it is not that simple, but i would look at the gorbachev experience. he came in 1985, he gave a speech in 1986 denouncing afghanistan as a bleeding wound. he had secretly told schultz at the military was going to get one year to turn it around. and that they wouldn't be able to. he announced a timetable, and then he was gone and 89. we need to do something similar, the military had its chances, we had 11 commanders in afghanistan in 11 years, take a look at this book by the general, which devotes a lot of attention to this. that is not a war where we can be successful. that is not in the military we have. there is no military that has ever been successful with counterinsurgency. not only that, but they have an ally in pakistan where we survived with bil
of the audience, these automatic indiscriminate across-the-board cuts, 5% to domestic agencies, 8% to the pentagon, you've been looking at the kind of impact this will have. what do you expect? how much damage do you think it would do for government operations? how badly would it affect your constituents and people across the country? >> well, needless to say, being an appropriator, i think it's an idiotic way to do business. these are indiscriminate cuts. they're not thought through but are automatic across the board without any consideration of good, bad or evil, or whatever. so i think the cuts are devastating. i'm sad to see it take place but i don't see an effort being made realistically to stop it. >> do you, mr. chairman, do you think that once the sequester actually takes effect, that people will see the wide ranging implications of this and they would actually start working together to figure out the best way to either avert it or replace it? >> that's my hope. i'm hoping, number one, i was hoping we could avoid it. but after it hits, which i think it will, i think it's going to have a sh
. just nine days until $85 billion in federal spending cuts could go into effect. the pentagon said if that happens, the have the majority of the 800,000 civilian workers would have to be furloughed. >> this is one of the most distasteful tasks i will face. >> reporter: they will lose one day of work each week for 22 weeks, a also of 20% of their pay. military personnel would be exempted. pentagon officials warn even though the civilian workforce will take the direct hit -- >> the associated furloughs will impact our war fighters, our veterans and family mem tbhers untold ways. >> reporter: lawmakers voted to delay it by two months as part of that last-minute deal at new year's but that set up another deadline. if congress doesn't act by march 1st, $85 billion in spending cuts did into effect all at once. it would also mean tsa agents are furloughed, so expect longer lines at airport security. 1,000 law enforcement agents forced off the job. 70,000 preschoolers dropped from their head start program. 80% of the pentagon civilian workforce is based outside of the washington area. virg
'll talk about that and the return of your sunshine. don't go away. >>> right now, the pentagon has grounded its entire pleat of brand new f-35 fighter jets because of a cracked engine blade. the crack eed blade was found during a routine inspection. pentagon officials ordered all 64 jets from the air force, navy, and marine corps grounded until they figure out the cause of the problem. a spokesman for the company that makes the jets says none of the other f-35s have cracks. >>> if you have a plane to catch in the next few week, the sequestration showdown could have an impact on you. we're looking live at capitol hill where lawmakers will return monday. if nothing gets done, transportation officials say furloughs would be likely for tsa agents and air traffic controllers. the national zoo might have to make tough decisions as well if a budget deal isn't reached. it's facing major cuts as part of the sequester, but how much is still up in the air. megan mcgrath has more. >> reporter: it's not typically what comes to mind when you think about federal agencies, but as part of the smith
numbers on our website, wbaltv.com. >> a major announcement from the pentagon. secretary leon panetta warned congress that hundreds of thousands of civilian workers could be furloughed and soon. >> if a series of automatic spending cuts hit next week. nikole killion has details. >> if these furloughs going to affect it would mean forced time off and less pay. at the pentagon a sobering announcement. >> we feel we do not have any choice but to impose furloughs. we would much prefer not to do it. >> officials laid out their plans to furlough 800,000 workers if automatic spending cuts known as sequestration go into effect march 1. >> the furloughs are enacted civilians were -- will experience a 20% decrease in their pay between late april and september. as a result, many families will be forced to make difficult decisions. >> in a letter to john boehner, leon panetta warned their deductions would put us on a pass to a hollow force. and john kerry said the fiscal impact threatens america's credibility. >> there is nothing in this current budget fight that requires us to make bad decisions
in cuts could lead to furloughs. the pentagon fears this could have a drastic affect on military. many republicans say this is coming. >> we are here because the president refused to cut spending, and we have grown up with this. >> so there is still some uncertainty over the deadline, senator charles schumer appears confident the sequester will be avoided. >> there are those that do not need a favor of hardly anybody other than themselves and the few whose special interests are protected both sides are looking for a solution. it seems finding a solution has so far evaded lawmakers. >> we are joined by the political defense reporter. we are talking sequestration and you know it well. what sort of impact will it have? >> it has already had an impact. training is being deferred. maintenance is being deferred. we are looking at close to a trillion dollars. there is going to be very little the pentagon can do to avert it. >> outside the defense department, who is going to feel the impact the most? >> i think every agency will be cut by a certain amount. we are looking at about 9%. everythin
from china. barbara starr a cnn pentagon correspondent, chris johnson is senior adviser at the center for strategic international studies. he was a former senior china analyst at the cia. chris, let me start with you. the ceo of namdia said that they had had enough. >> we felt that tolerance in the private sector, that it's just shrinking. people are sick and frustrated with how much i.p. we've lost to chinese hackers. we felt it was just a natural timing. >> chris, sounds like u.s. corporations have had enough. >> yes, i think that's definitely true. i mean, what's telling about the report that has just come out is the pervasiveness of this espionage by the chinese. and especially the role of the chinese military in economic espionage. you know, it's presumed, of course, that an opposition force, military force might enghaj probgauge in probes of national security information, looking for national security information. this economic espionage by the chinese military is a stark revelation, and it demonstrates that it's the entire force of the chinese government that is involved in thi
wallace. senate republican ares block the president's choice to run the pentagon. as gop senators demand more answers about the benghazi terror attack, white house charges they are playing politics with national security. we talk with the man leading the call for more information, senator lindsey graham. his tee party response to the state of the union speech was critical to both the president and the gop. we will ask senator rand paul what he thinks of the obama agenda as well as republican policy. also, it is less than two weeks until big automatic spending cuts kick in. we will ask the sunday panel will congress will reach a deal before the sequester deadline. and outraged our power player of the week helps the senate make history by keeping track of history. all right now on "fox news sunday." >> chris: and hello again from fox news in washington. senate republicans made history this week, blocking a nominee for defense is secretary for the first time ever. they are demanding more information about the nominee former senator chuck hagel and about the benghazi terror attack. joining m
who spent years working with pentagon tax dollars has a bold answer for sequestitration and a message from washington. what was the light in the sky broof san francisco. reports from witnesses and a video backing up the claims. a mysterous flying object and this time in u.s. air space and coming just hours after a metor exploding thousands of miles away and rattling buildings and people below . fox reports from inside russia on the cosmic clean up following a direct hit from outer space . a new warning over the defense budget showdown this time from the army's top brass. in my opinion sequestation is not in the best interest of the national security. it places a burden on the soldiers and civilians and plus, questions tonight about whether washington is playing politics with the troops and what deep cuts would mean for our military. and a police cruiser there one moment and gone the next after a car slams into it somewhere caught in all of that blur, a little boy. >> i am harris faulkner and it is time for the clean up the day after what looked like an assault from the sky. amateur vi
for their kids. >> today, pentagon officials said furloughs among their civilian employees would not start until late april. as for daycare -- >> how do you back up tens of thousands of parents will search for child care immediately >> look, whether that search begins on march 1 or in the near future, the impact on the economy and on people's lives is real. >> indeed, defense officials also said today especially if it did not start right away, not only will the jobs be furloughed, all civilian pay will be cut by 20%. one reason white house aides say they have the upper hand over speaker john boehner and the conservatives seem to agree. boehner had an op-ed blasting the president for not coming up with a solution. the republican declared the cuts will be deep writing a week from now, a dramatic new federal policy is set to go in to effect that threatens the u.s. national security. thousands of jobs and more. conservative journalist byron york responding to the op-ed noting that boehner has uncomfortable position. adding why would boehner adopt the democratic description of the cut as deep when it
only 9 days left to stop the automatic across- the-board spending cuts. that's why the pentagon is expected to announce a plan to furlough nearly 800,000 civilian employees one day each week beginning in april. that's essentially a 20% pay cut. federal law requires the pentagon to warn congress of furloughs at least 45 days in advance. exceptions here will include political appointees and people whose job functions are considered necessary to protect life and property. but some d.o.d. civilian firefighters, police officers, nurses and other emergency workers could still be furloughed. if these furloughs go on for some time, they'll add up to around a month of lost pay by the end of september. warnings are going out about the possible impact of these cutses on our local and national economies. the. spoke out yesterday and local leaders are figuring out exactly what's at stake. >> montgomery county alone in terms of this tax base, each day based on our estimates is a possibly $500,000. >> ten days of furloughs equal $120 million in lost income in federal employees for the county.
this morning, warnings to pentagon workers about pay cuts and potential layoffs if congress fails to act on a looming budget deadline. the impact of this one could be pretty far reaching. >>> a new reason to study your credit card statements carefully. the sneaky hidden fees that could be costing you and how to avoid falling victim to them in the first place. >> that's a good way to get angry. look at your cell phone bill, your credit card bill, all those little things they tack on, you've got to call them out sometimes. >> if you call them and say what's this? sometimes they'll say, oops. >> oh, i'm sorry. how did that get on there? let me take that off. >> you've been paying $3 for four years? but we're not going to give your money back. >> we'll take care of it next month. so important advice coming up in that piece. >>> and later this half hour, he's among the most eligible bachelors on the planet. now it looks like prince harry has a new squeeze. hopefully not that snake. find out who she is coming up in "the skinny." he gets around though, man. plins harry doesn't say -- >> i've sa
that he loves medicaid and the pentagon announced yesterday, because of the sequester, it is ready to furlough 800,000 civilian pentagon employees around the world. that hurts! all of that and a whole lot more. but first let's find out what's really going on. lisa ferguson's got it. today's current news update. she joins us from los angeles. good morning lisa. >> good morning, bill. another light day for the president today. he's taking some meetings from the white house. first up is his usual daily briefing from the oval office. then he's meeting with his senior advisers and later this afternoon, president obama will record a radio interview with al sharpton joe madison and yolanda adams all in the oval office. >>> a surprising change coming from florida. governor rick scott has announced he will back medicare expansion in the state. president obama's affordable care act requires all states to expand their programs but many republican governors are against doing so with scott proval being one of the most outspoken. suddenly yesterday scott says he has reached a deal with the feds
spending. watch what happens and we lose a lot of pentagon jobs. a lot of people out of work. stop by and stores closed, supporting organizations and some contractors are out of work. who gets blamed, president or republicans in congress? >> in the end i think the president. we americans under this habit of thinking i think the presidents have too much -- deserve too much for a good economy and too much blame for a bad economy. what a president does is pretty important but not as important as sometimes other factors. chris: if we have a shutdown or second recession or something like it, double dip, who gets hurt? >> republicans believe your theory, michael, it's the president. the buck stops with him. fundamentally -- >> chris: he's the one scared of this sequester more than anybody it seems. >> but at the same time they also know this is a republican party with the 24% approval rating going against a president with the 50-something percent approval rating. when it's the battle of the bully pulpit versus people with a 24% approval rating, bully pulpit can be very effective. chris:
block. >> reporter: if you work at the pentagon, you could get one day off a week unpaid. leon panetta has warned congress, they're looking at these furloughs. if you don't work at the pentagon there are a number of other areas where you could be affected as well. take a look. the cbo said that we're looking at 750,000 job losses. small business loans down $902 million. the fbi could lose 1,000 federal agents. nutrition aid for women and children, over 500,000 could lose that. not to mention other programs that could go away like meals on wheels. >>> so, how will this midwest storm impact all of us? nbc meteorologist bill karins is here with the details. >> yeah, not many people will want to be traveling in the central plains today. jay gray in kansas city, two hours, it's going to be snowing incredibly hard in kansas city. now, as far as the radar goes, the blue is the intense snow. the pic shows you ice. the green is just plain old rain there from oklahoma city southward. if you're in the wichita, kansas, area, go outside, you may see some flashes in the snow, you have thundersnow at
. the joint strike fighter is the pentagon's most expensive project. >> the f-35 is the centerpiece of the pentagon's biggest weapons replacement program jsf, joint strike fighter. now, for the second time in two months, all 51 radar evading jets have been grounded. a routine inspection revealed a crack on a turbine blade in the jet engine of an f-35 test arkte. the $396 billion program relies on help from eight other countries to fund development. >> there have been a host of problems with the f-35, everything from pilot's helmets displays to air frame issues. when we start talking about power plants or the engine blades, the things of that nature, that's really quite serious and that's almost in a different category, because then you're talking about the very likely potential of catastrophic engine failure in flight. >> the u.s. defense department describes the grounding as precautionary. but before this development, five there had already been concern about the cost of the new air craft. canada is considering canceling its orders while australia is considering scaling back. in ja
talked about. the pentagon will be hit by this. that same set of polling far more americans would blame republicans if what they call the sequester kicks in. less than one third would hold the president accountable. still more than a week away, already it appears the writing is on the wall. civilian employees have been told by the pentagon they'll be placed on unpaid leave, at least one day a week. democrats are calling for congress to reconvene to deal with this mess. secretary of state john kerry is reminding his former colleagues that actions here at home do have global implications. >> it's often said that we cannot be strong at home if we're not strong in the world, but in these days of a looming budget sequester that everyone actually wants to avoid or most, we can't be strong in the world unless we are strong at home. my credibility as a diplomat to create order is strongest when america at last puts its own fiscal house in order and that has to be now. let's reach a responsible agreement that prevents these senseless cuts. >> senator marco rubio continues his week long trip to t
the pentagon is taking regarding the looming sequestration. more than 700,000 employees could be forced to take one day off a week without pay. that's equivalent to a 20% pay cut. the furlough notices would likely be sent out late next month. the furloughs would actually begin in late april. government workers may be forced to take furloughs, but thousands of nongovernment workers in our area will also feel the impact of sequestration. private businesses are being warned to peep prepare for the effect billions of dollars will have on their bottom lines. it could be a serious thing, as serious as the fiscal cliff which we narrowly avoided going over at the start of the year. >> now is not the time to panic but it's growing in concern. it seems to be clear that congress is making no move to solve the sequestration issue. >> congress and the white house have until next friday to get a deal done. of course, stay with news 4 for continuing coverage of the sequestration showdown as that march 1st deadline approaches. we will be here for you even when you can't watch. get the latest information at nbc
for the pentagon. >> on our civilians it will be catastrophic. >> reporter: civilians like sue ann falkenburg, a single mom 3,000 miles away in california. i would have to get a part-time job to support my family. >> reporter: falkenburg is worried about the pay cut or furlough. >> i can't exactly call my landlord and say, hey, i got a 20% cut in my salary, can you reduce the rent for 20%? >> reporter: it's not just the pentagon. dozens of cuts including the fbi will have to make difficult choices. >> the fbi will have to be in a position to evaluate where the reductions will come from and that may impact the national security arena. >> reporter: the democrats' congressional campaign committee also goes on the offensive today. they will accuse republican of risking 700,000 jobs in order to protect special interest tax loopholes. >>> a total disaster, that's what one walmart executive reportedly wrote about a plunge in sales. i it's announcing its report this morning. rebecca jarvis is here this morning. good morning. >> good morning. >> what are they saying and what are they saying about the
people have signed on. sending letters to their lawmakers. >> tonight, pentagon's entire fleet of f35 jets grounded. workers found a cracked engine blade in california. now take notes, the f35 is the pentagon's most expensive weapons program. those planes will stay grounded until inspectors figure out what the problem is. >> a school bus smashes into an suv sending several special needs kids and two adults to the hospital. it happened around 1:00 this afternoon on cropper road in gaithersburg. that bus had just left elementary. the children are expected to be fined, but the driver of that suv is in grave condition. >>> right now, the prince georges county police department reporting a 300% jump in tips as investigators try to close the books on two unsolved youth murders. scott broom reports, all that public outrage seems to be translating into public action. >> it's just saying. part of it is sheer outrage. six county students claimed by murder since school started in august. >> young people shouldn't die. >> listen to what assistant chief, kevin davis, says about the role of tip
. but the biggest dollar impact is going to be as david and i were talk a moment ago the pentagon. the pentagon gets hit harder than domestic departments. >> so much of the dialogue is finger pointing. who do you this will get blamed? >> the blame for the sequester is ridiculous. the congress passed. the president signed it. they all own it. they all got it. >> that was the point. >> that was the point. both parties consenting adults, knew that they were designing something that was designed to be so bad that it produced a deal. it's just that they haven't been able to get to the deal. in terms of who is winning the message ordinarily, it's a little hard to say. president obama has got the high side. he won the election. the public tends to support if you lay out all of the policy positions support where he's coming from, taxing the rich. but the idea of cutting spending is a very popular idea and republicans are riding that at a moment. gwen: except this new pew research showed that people weren't much for anything. it was hard to know whether it was because they don't like the idea of a sequester
and around the world. i'm wolf blitzer, you're in "the situation room". >> the pentagon's top brass sounding alarm bells over automatic spending cuts now only weeks away. the defense budget will take a significant hit, $46 billion slashed, unless the president and the congress reach some sort of last minute deal. that could affect america's security and hundreds of thousands of jobs. let's go to the pentagon, our correspondent, chris lawrence, is standing by there. very worried over there at the pentagon, aren't they? >> reporter: are, wolf, and you're already starting to see some of the effects of the possible sequestration, the u.s. navy, cancelling the deployment of some other ships, cancelling some maintenance and pushing back some of the civilian contracts that they had signed. they say this is really just the tip of the iceberg, and down the road you could see a reduction in personnel. you could see training dramatically cut back in a lot of areas. >> chris, if these cuts do go into effect, they will be immediately felt or will be felt in the month his to come? >> reporter: this is goi
with the controversial drones. we're live at pentagon with the details on this. plus, the man convicted in the killing of his washington intern named chandra levy wants a whole new trial. his lawyers said that lawyers did not give him a fair shake and this thing must be tried again. his time. his time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. can make any old day a special occasion. so she makes her new mini cream pies with real cream filling and milk chocolate on a cookie-crumb crust. marie callender's. it's time to savor. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >>. >> shep: continuin
if the sequester were to take effect. pentagon officials, however, confirm that those furloughs would not begin until april at the earliest and that furloughed employees would be asked to miss one day of work per week for 22 weeks. the reality of sequestration is that it represents a very small portion of overall government spending, no matter how dramatic or how grim the president projects the consequences. fox news chief political correspondent carl cameron has our report. >> these cuts are not smart, not fair. >> six business days and counting to $85 billion in across-the-board federal spending reductions. defense bases in 8 percent cut and other agencies reduce spending five to 6%. as part of the over three and half trillion dollar federal budget for this year alone the $85 billion sequester cuts amount to a tiny slice. only just under two and a half%. government spending is average 20% of annual u.s. economic activity. even after the sequester cuts it will be 22% this year, 10 percent higher than the average for the last seven decades. government spending is still projected to rise substan
Search Results 0 to 49 of about 520 (some duplicates have been removed)